Donald Mcclymont Sells 200,000 Shares of indie Semiconductor (NASDAQ:INDI) Stock

indie Semiconductor, Inc. (NASDAQ:INDI) CEO Donald Mcclymont sold 200,000 shares of the company’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $6.01, for a total value of $1,202,000.00. Following the transaction, the chief executive officer directly owned 135,602 shares in the company, valued at $814,968.02. The trade was a 59.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Donald Mcclymont also recently made the following trade(s):

• On Monday, September 22nd, Donald Mcclymont sold 188,700 shares of indie Semiconductor stock. The stock was sold at an average price of $4.01, for a total value of $756,687.00.
• On Monday, September 15th, Donald Mcclymont sold 11,300 shares of indie Semiconductor stock. The stock was sold at an average price of $4.00, for a total value of $45,200.00.
• On Friday, September 12th, Donald Mcclymont sold 150,000 shares of indie Semiconductor stock. The shares were sold at an average price of $3.87, for a total value of $580,500.00.
• On Monday, September 8th, Donald Mcclymont sold 41,986 shares of indie Semiconductor stock. The shares were sold at an average price of $4.22, for a total transaction of $177,180.92.

indie Semiconductor Stock Performance

Shares of NASDAQ INDI opened at $5.32 on Friday. The company has a current ratio of 4.34, a quick ratio of 3.72 and a debt-to-equity ratio of 0.81. The business has a fifty day simple moving average of $4.35 and a 200 day simple moving average of $3.45. indie Semiconductor, Inc. has a one year low of $1.53 and a one year high of $6.05. The firm has a market capitalization of $1.15 billion, a price-to-earnings ratio of -6.33 and a beta of 2.33.

indie Semiconductor (NASDAQ:INDI) last issued its quarterly earnings data on Thursday, August 7th. The company reported ($0.08) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.08). indie Semiconductor had a negative return on equity of 28.43% and a negative net margin of 71.98%.The company had revenue of $51.63 million during the quarter, compared to analysts’ expectations of $51.40 million. During the same period last year, the business earned ($0.09) earnings per share. The business’s revenue was down 1.5% on a year-over-year basis. indie Semiconductor has set its Q3 2025 guidance at EPS. Sell-side analysts expect that indie Semiconductor, Inc. will post -0.54 EPS for the current year.

Institutional Investors Weigh In On indie Semiconductor

Institutional investors have recently made changes to their positions in the stock. SG Americas Securities LLC bought a new stake in indie Semiconductor in the first quarter worth approximately $793,000. Robertson Stephens Wealth Management LLC bought a new stake in indie Semiconductor in the 1st quarter worth about $379,000. Johnson Investment Counsel Inc. bought a new stake in indie Semiconductor during the first quarter worth $164,000. Register Financial Advisors LLC boosted its holdings in shares of indie Semiconductor by 29.7% in the 1st quarter. Register Financial Advisors LLC now owns 437,028 shares of the company’s stock worth $889,000 after buying an additional 100,000 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. grew its position in shares of indie Semiconductor by 56.5% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 154,736 shares of the company’s stock valued at $326,000 after acquiring an additional 55,872 shares during the period. Institutional investors own 67.73% of the company’s stock.

Analysts Set New Price Targets

INDI has been the topic of a number of analyst reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of indie Semiconductor in a research report on Wednesday, October 8th. Roth Capital reissued a “buy” rating and issued a $8.00 price objective on shares of indie Semiconductor in a research report on Wednesday. Wall Street Zen raised indie Semiconductor from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Finally, Benchmark restated a “buy” rating and issued a $8.00 price objective (up previously from $6.00) on shares of indie Semiconductor in a research note on Wednesday, June 25th. Six research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $6.25.

About indie Semiconductor

indie Semiconductor, Inc provides automotive semiconductors and software solutions for advanced driver assistance systems, autonomous vehicle, in-cabin, connected car, and electrification applications in the United States, South America, rest of North America, Greater China, South Korea, rest of the Asia Pacific, and Europe.